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H.l*»2 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) Msgr 20, 1953 CONDITION OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES The condition statement of weekly reporting member banks in leading cities shows the following principal changes for the week ended May 13: Decreases of $179 million in loans to banks, $ll*5 million in holdings of United States Government securities, and $3U7 million in United States Government deposits, and an increase of $136 million in borrowings• Commercial, industrial, and agricultural loans decreased $93 million in New York City, and they increased $13 million in Chicago and $11 million in the San Francisco District; there was a net decrease of $56 million at all reporting member banks. Changes according to industry appear in another press release. Loans to brokers and dealers for purchasing or carrying securities decreased $59 million. "Other Maiis" Increased $28 million* Holdings of Treasury bills decreased $30 million in the St. Louis District and $29 million in Chicago, and increased $1*0 million in New York City; there was a net decrease of $29 million at all reporting member banks. Holdings of Treasury certificates of indebtedness decreased $25 million in the Boston District and a total of $50 million at all reporting member banks. Holdings of Treasury notes and of United States Government bonds decreased $31 million and $35 million, respectively. Holdings of "other securities" decreased $39 million. Demand deposits adjusted decreased in five districts and increased in the qthers, resulting in a net decrease of only $6 million; the principal changes were decreases of $68 million each in New York City and in the Boston District, and an increase of $56 million in the Chicago District outside of Chicago. United States Government deposits decreased in all districts. Borrowings increased $ 7 6 million in New York City and $1*5 million in the San Francisco District. A summary of assets and liabilities of reporting member banks follows; May 13, 1953 Increase or decrease since May 6, 1953 May lit, 1952 (In millions of dollars) Loans and investments - total Loans - net Loans - gross Commercial, industrial, and agricultural loans Loans to brokers and dealers for purchasing or carrying securities Other loans for purchasing or carrying securities Real estate loans Loans to banks Other loans 75,809 39,263 39,872 23,083 -1*29 -21*5 -21*7 - 56 +1,652 +l*,ll*7 +1*,199 +2,209 1,57U 802 6,227 37k 7,812 - 59 + 6 + 13 -179 + 28 + 133 + 1*62 - 108 +1,626 U. S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities 29,010 1,510 1,961 5,700 19,869 7,506 - Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks 1U,578 977 2,365 + 98 + 85 + 57 + - 53,3U6 18,280 1,718 9,852 1,276 1,258 - 6 - 9 -31*7 + 26 - 13 +136 + 681* +1,337 -1,1*07 91 + 5U + 301* -1U5 - 29 50 31 35 39 - 123 -2,8ll* -1,935 -1,818 - 267 +1,206 + 319 281 1*6 110 L I A B I L I T I E S Demand deposits adjusted Time deposits except Government U. S. Government deposits Interbank demand deposits: Domestic banks Foreign banks Borrowings A S S E T S ASSETS Ai'TD LIABILITIES OF MEEKLY REPORTING MRMHER. RANKS IN LEADING CITIES, ilay 13 Res Total Phila-r Cleve- Rich- Atlanta Chicago St, lanneAll Boston Louis anolis delohia land mond Districts (in millions of dollars) 333 805 1,174 14,225 7,746 3,238 12 2 11 12 31 10 129 748 19 255 19 341 186 24 184 17 291 70 134 14 393 32 2,904 13 1,625 1,385 158 169 344 714 256 5,143 145 352 1,254 3,392 1,045 937 70 104 193 570 191 503 14 32 122 335 154 1,487 292 177 318 700 324 1,110 87 123 184 716 190 4,946 563 82 173 58 512 49 227 61 2,175 124 298 109 436 36 129 32 216 15 77 19 590 40 299 44 583 47 393 89 2,160 3,791 1,577 94 2,382 643 115 2,182 568 48 7,108 2,962 270 1,607 492 47 853 260 30 2,225 497 50 2,453 551 53 8,092 494 7 155 73 559 444 6 57 41 271 610 10 31 44 242 1,587 38 239 649 2 32 37 224 303 3 43 26 117 969 2 67 30 264 742 9 24 543 115 10,481 2 , 4 5 7 2,886 913 1,245 710 4,293 1,536 3,083 1,398 647 2,821 700 1,218 43 43 13 19 152 29 297 24 398 304 825 220 2,045 22 145 17 518 69 472 2 475 78 259 16 401 39 92 16 391 106 29,040 1,510 1,961 5,700 19,869 7,506 1,284 50 69 148 1,017 330 7,366 292 227 1,178 5,669 2,355 991 24 51 130 786 375 2,431 117 289 574 1,451 525 1,457 111 120 285 941 228 Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks Other assets — net L I A B I L I T I E S 14,578 977 2,365 1,544 579 69 90 93 5,341 217 151 598 525 50 109 60 89 8 99 159 90 Demand deposits adjusted Time deposits except Government U. S. Government deposits Interbank demand deposits: Domestic banks Foreign banks Borrowings Other liabilities CAPITAL . ACCOUNTS 53,346 18,280 1,718 2,782 575 90 17,537 3,261 633 1,334 458 68 9,852 1,276 1,258 2,146 7,397 288 27 63 84 397 2,826 1,044 336 1,100 2,759 397 13 69 45 352 75,809 39,263 23,083 3,475 1,861 1,129 23,189 13,468 9,077 2,992 5,504 1,574 18 802 6,227 374 7,812 U. S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes II. S, bonds Other securities Loans and investments - total Loans — net-;,Commercial, industrial, and agr'l loans Loans to brokers and dealers for purchasing or carrying securities Other loans for purchasing or carrying securities Real estate loans Loans to banks Other loans # Individual loan items are reported gross, i.e., before deduction of valuation reserves. ban Francisco 531 16 122 861 1,308 3 , 1 3 1 3 , 0 7 8 651 1,320 1 , 7 7 8 mmmm 46 312 150 248 970 3,578 1,533 149 260 291 6,436 220 142 498 1,039
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